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<br /> 7.Emin�t+t Dom�in.Lender ie hereby u�m�lnnd oll cunq�un�:aUOn, nwnrde, dumn�o�mid olher pnymants ar ruhul Ihuiuinnkor "Procood�`1 . y
<br /> in cunn�otion wdh r.ondannetion or otl�nr tnkinN ol the Propuily or pnit thereol,or tm convuy�mr.0 m lieu ul r.undumnnlion.Lnndar vhall
<br /> tekai ar d�nud�d, lender eYsll hnvn thn optian in rtn nnlo und nbeo�uta diocretian,to'ipply iJl aur.h Pror.eade.�dtar dudur,tinq tharefrom
<br /> nll coete and exponaes incuired hy it in connuction wirh such Pror,eads, ��pon eny indal�tednaxe aer.urad hnruby ��nd m auch ordor ne
<br /> Laidar mey det�rminu,or to npply oll sur.h Froceede,nitur��uch deduotions,to the rnsmretion ut �hs Propaiiy �q����� ���ich conditione u9
<br /> Lendar msy determmu.Any epPlicotion ol Prononda to uidebtednnen ehull not extend nr poetpona iha du�du�u nl uny piWmonte unde►
<br /> tha Nute,or r.wn nny do7null thorewidm ur hareunder,Any winpphed fund9 eholl be pnid to Truetnr.
<br /> 8. Pmlorm�nc�by Lmd�r. Upon tho ocr,urruncu ol ��n Evont of Dul�ult haraundar, or if uny nct r� t.�km� or IoWi�l procoedin�
<br /> r.ommaic�d whfr.h muterially nflectA Landar'o inte�nat�n thu Property.LenJnr muy in ite own disr.relfon,but w�thuut oblipntion to da eo,
<br /> and withaut nmice to ur dmnend upan Trumor und w�thout reluarinp Trurmr from a�iy o4liyutiun,do uny act w1ucN 7ruetor hao u�read
<br /> bul failo to dn und rnay ulsa do ony ethnr nr.t it donms n�r.nssnry to pmtent the encurity hereol,Truutor ehall,m�medintoly u,�on demnnd ,
<br /> thernfm by Laidm, pay to l.ender all c.00tfl ond oxpunaes inr,urred and suma azpanded by Le�idnr m r.annccuan wrth the exeroisa by
<br /> lwid�t of ths(oropainp riyhtx. topether wiU� int�rt+vt lhareon xt tht+de(AUIt rete p�ovid�d in tlm Notq, whit:h Hhull be added tu ths
<br /> indeblednsu eecured herehy. l.ender nhnll not inr,ur i�ny liebdity becnune of anythin4 it mey do or omit to�fi'����c�i.
<br /> 9.H�sNdou� M�t�rIM�.Trustor�holl keep the Proporty in r.ompliance with ell applicable lawa,ordinunces w�d rupulotions ralatinp to
<br /> mduotnsl hy�iaie or environmentnl protocUon (r,ollur.livaly relerrod to herein ns "Enviionmontnl l.awe"I. Tru.tor shnll keep tho Property
<br /> free Irom all xubat�nr.ew deemed to be huzordoun or toxic wider ony Environmental Lewe Iculluotively refarred to herein aa'Wozardoue
<br /> Matariale"L Truetor hereby wnrrante ond represents m Lander that thme ere no Hazardous Meteriol on ar undor tho Proporty. Trustar
<br /> hnreby e��ees to indemni}y and hold liarmlase Lc+ndnr, its dirnotare, officere, employeea and c+Nonts, ond uny:+uccossore la Lendor's
<br /> mteroet. Irom and npeinet any end oll clnime, dnmupoy, losses and liobilities eriein� in connnction witti tf�u prusenr.u, uye,di3poanl or
<br /> tran�port of eny Hexerdoue Metenale on,unde�,from or about the Property.THE FOREOOING WAiiRANTIES AND REPRESENTATIONS,
<br /> AND TRUSTOR'S OBLIOATIONS PURSUANT Tp THE fOHE001NG INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEEO OF
<br /> TRUST.
<br /> 10. Asdpnm�nt of RMts.Trustor hereby aesi�ns to Lander, end prant9 Lander e security mterest in,all present,futura and ofter
<br /> rirNiy rMb, inuas�nd protite of the Properry; providad thet Truetor ehall,until the occurronce of nn�venl of Dufault hereund�r,heve
<br /> the riyht to collect end retein such rents, issuas and prolitA as they bacome dua end peyoble. Upon tha or,r.urrenca of nn Event of
<br /> Oefault. Lender muy,either in poison or by nyont, w�►h or witliout brinpinp any uction or proceedinp, �r by n recaiver appointed by n
<br /> court snd without reqard to the odequer.y of fts sacurity, ontur upon and toko poaeeseion of tha Proparty,or mW purt thereof,in ite own
<br /> neme or in tha namo of the Tnistea, nnd do any oote which it deeme netteesary ar deei�nble to preserve the vnlue, merketability or
<br /> rentebility o}the Property,or any port thoreof or intorost tiierein,or to incrense tho income theretro�n or protact tFie security fieraof end,
<br /> with o�without tekinp poaeeseion ot tho Prapnrty, aua for ar otherwiae colleat the renta,iseues und profita IFinrool, includinp those puet
<br /> dua and unpeic�,by notifying tenente to meke poymente to Lender. I.ender mey apply rents,iesues nnd prolita,lu�e costs and expensee
<br /> of operetion and aollection including ottornays' foes,to any indabtadness secured hereby,all in such ordar as Lender may determina.The
<br /> enterin� upon and takinq possession of the Property, tiia colloction of such rents, issues and profite, nnd tlie upplir,etion thereof as
<br /> efore�rid, �hell Rot cure or weiva eny defnult o� notir.o of defeult hereunder or invelidete eny act done in rFeponse ta euch default or
<br /> pursuent to euch natico of defeult nnd, notwitfiaten�inp the r,ontinunnce in poeaeseion of the Proparty or the collaction, recaipt end
<br /> application of rente, iseuen or profits, Trustee nnd Lnnder shall be entitled to exe�cise every ri�ht providad for in eny of the Loan
<br /> Instrumente ar by lew upon occurrenca of ony Evont uf Onfault, includinp without limitation tho ripht to axorciae tha power of sele.
<br /> Furthsr,Lender's riphte end remedies undar this pereyruph shell be cumuletive with, end in no way e limitetion on, lender's riphte and
<br /> io��:���n��; �;;� ��.t..,._,..,,� !lI II�ANHV nnd iente �ecorded npeinst the Property. Lender, Truetee end tha raceiver ehell he Ilnble to
<br /> eccount only for those renta actually receivod.
<br /> 1 1.Ev�nt�of D�fwlt.The followind eholl conytitute un Evant of Default imder thie Deed of Truet:
<br /> (�!Failure to psy+ny in�tellment of principul or interest of eny other eum eecurud hereby when due;
<br /> (b)A breach of or default under any proviyion cantoinod in the Note,this Deed of Truat any of the Luan Instrumente,or any
<br /> olhar lien oi enr,umbrenco upon tha Property;
<br /> (ol A writ of execution or attnchment or ony siinilnr process eholl be entared eguinet Trustor whicli ahi+ll become e lien on tho
<br /> Prvperty or any pnrtion thereaf or intorest therain;
<br /> (d)There ohall be filed by or ogainet Trustor or Borrower mi action under ony present ar(uture fedorul,sluta or othar etatue,Inw
<br /> or npul�tion rel�tinp to bankruptcy, ineolvency or othar iolief for dobtore;or there sholl bn appoinled anV trustoe, ruceivor o�
<br /> liquid�tor ot Truetor or Barrower or of oll or nny pnrt of the Property,or tho ronts,issues oi profite thoreof,or Tiusto�•or Boirower
<br /> shall mske eny yenerel ensipnrtient for tho benolit ol cruditors;
<br /> la1 The eale,trenefer, leoae,ossipnment,conveyunce or turther encumbrence of ell or eny pnrt of cr ony intorost in the Properry,
<br /> eithrr voluntnrly o�involunterily, without tha c+xprnse wntten consent of Lender;provided thet Trustor ahnll bu permitted to execute
<br /> e leeee of the Property thet does not contnin c�n option to purchose�nd the term of which doe9 not exceed one yuer;
<br /> (f) Abendonment of tha Proporty;or
<br /> Ip1 If Truetor ie not on individuol, tho �99UOI1CO3 90I0. ���1f19}0f� oesipnment, conveye�nco or ancumbrunce of moro then ff e
<br /> corparetion)a totel of M/A percant of its �s�uod und outetanding otock, or(i( n parinersliip) a total of N/A percent o(
<br /> partnership interests, or(�mitod linbility companyl n lotnl of N/A porcent o} the limitod liability r.ompuny intereste or voting
<br /> riphts duriny tho period this Deed of Trust romnins a lien on tiie Property.
<br /> 12.R�m�di��;Accdu�tion Upon D�f�ult.In tho nvent of c�ny Event oi Defnult Lender mey, without natica nxcupt es required by lew,
<br /> declere ell mdebtednese secured haroby to be duo ond poynble nnd the eame shell theraupan bocome due und peyuble without eny
<br /> Nreaentment,ddmund,p�otest or notice of any kind.Thereuftor Lender mny:
<br /> (a)Demend that Trusteo exorci�o tho PO WER OF SALE gronted hdrein, ond Trustee shc�ll tharo�(ter cuuye Trusmr'e interest
<br /> in the Property to be eold ond the procaede to be diotributed,�II in the menner provided in tlio Nebraoka Truat Duads Act;
<br /> Ib)Exercisa eny end all rights providod For in uny ot tho Loen Inetrumente or by Inw upon occurrence of eny Event of
<br /> Default;and
<br /> (0)Commenca en ection to forocloen ttiis Daod of Truat n3 o mortgoge, oppoint a raceivor, or epecificully enforce eny of tho
<br /> cavenante I�eroof.
<br /> No remedy hernin conferred upon or resorve�d to Truslou or Lnndor is intended to bo exclusivo of c�ny othor romody herein, in the Loon
<br />— Instrumants or by law providnd or perrnitted, but aach shull ba cunwlativa.shnll bo in addition to ovary other rumody pivon hoteundor,in
<br /> the Loan Inetrumontn or now or horeo(tor exieting ot law or ui uyuity or by stetute,and mey be oxorcisod concurrundy, independently or
<br /> yucceseively.
<br /> 13.Tru�t��. The T�ustee mey raeiyn ot any time without ceuso,and Lender mey at eny time end without cause oppoint e succeseor
<br />-= or substitute Trustee.Trustee shall not be lieblo to any party,includinp without limitetion Lender, Borrower,Trustor or ony purchesar of
<br /> — thn Propeity, fcrr �nV �os5 ur domaqu Uf1Iq99 duu 10 rar.kloss or will(ul misconduct, nnd shall not bo royuiraJ to toka nny nction in
<br /> connoction with tho onforcemont of this Dood ot Truyl unluss indomnifiad,in writin�,tor all coets, comycnv�iuon or axpanso��vhich moy
<br />'� bo ussocieted thorowith. In uddition, Trusteo muy bacurnu u purchaser ot any solo of tho Propurty l�udiciul m undur tho powor of cnlo
<br /> c.
<br /> �rnntod hareinl; postponu tho eolo of all or any portion of llio Proporty, as providud by luw:or eoll tho Proparty uu u wF�olu,or m oopurota
<br />-�� parcalo or lote ot Truateo'e disc�otion. �
<br /> 14.Fea and Expen��r.In thn ovunt Trustec �olls tha Proporry by oxarciso of power o(salo,7rustoo sh�ill bu untillod to opply ony salo
<br /> orocoeds firet to peyment ot oll coote ond oxpune+os ot uxorciein{� powar of sole, includinp ell Truytoo's foos,nnd Londa�b ond Trustea's
<br /> .�r.. ..y nnv riaht nrovided bV
<br /> � atrorney's(eee. octuolly incurt�d to oxtont pormiUOtl Uy nppncabia iow. in ii�v ovo�'�: �ac�c-:�:�. ..--•=•°"°••,19 , , -
<br /> �. low to curo en Evant of Dofoult, Lendu eholl bo cnuded to racovor from Trustor all costs ond uxpensos actuully incurred ns a rosult of –
<br /> Trustor's dofault,includinA without linutotion ull T�ustua's und ottornoy's faos,to tho oxtont permittod Gy iipphceblo low.
<br /> ` 15. Futurs Adv�nce�. Upon �oquost uf Borrowor,Londor may, at its option,mako odditianal nnd fu�ura ndvuncos ❑nd roudvuncos to _
<br /> J Borrnwor. Such ndvuncas ond roodvoncos, with mrorost thoraon, aholl bo oocurud by thia Deed of Trust. At no urno choll the principul �
<br /> amaunt of Iho �ndobtodno3s socurad by this Doed of Truxt, not including sume ndvonced to protect tho yocuriry of this DneJ of Trust, _
<br /> axcoad tho original principnl omount stumd limoin.or S 520 000.00 ,whichevnr ie{�iutrta�.
<br /> NOCJ4G70 INOnp��CUitu�c�Du�EI R�r G�OG
<br /> � ID98 N�1�on��B�nk al Com�M�c�irusl��wt 5�•��W�A�oaWO.�.t��.co�n.NebrH1.• .. .
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